External Debt in Azerbaijan

Azerbaijan External Debt | Economic News & Forecasts

Azerbaijan - External Debt

Recent data suggests that growth strengthened in November, after a lackluster start to the fourth quarter. Economic activity picked up pace bolstered by accelerating growth in the non-oil sector. Despite improving somewhat over the past year, the energy sector remained battered with oil prices falling sharply at the end of 2018. Although oil production picked up modestly in November, according to the energy minister, the rise will likely be short-lived after Azerbaijan agreed to limit oil production in December, along with OPEC and Russia’s output quotas. That said, some analysts doubt if Azerbaijan will meet their obligations to the deal.

Azerbaijan - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)13.6  15.7  24.9  37.2  -     

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Azerbaijan External Debt Chart


Azerbaijan External Debt
Note: External debt in USD bn
Source: World Bank

Azerbaijan Facts

ValueChangeDate
Exchange Rate1.70-0.66 %Jan 30
Stock Market0.10.0 %Jan 30

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